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Meta Ending Crypto Project Novi After Mark Zuckerberg Unveiled Metaverse Digital Wallet
3.7.2022
Meta Platforms, formerly Facebook, has announced the end of its crypto project Novi. Users are advised to withdraw funds as soon as possible. The announcement followed the introduction of a digital wallet for the metaverse, announced by Meta CEO Mark Zuckerberg. Crypto Project Novi Ending Facebook...
Terra 2.0: A crypto project built on the ruins of $40 billion in investors' money
3.6.2022
Terra 2.0 launced with the promise of helping to retrieve lost funds, but early indicators suggest launching a new token to compensate for the failure of another is a bad idea
Wework Co-Founder Adam Neumann’s Crypto Project Secures $70M, Funding Round Led by A16z
25.5.2022
The co-founder of the company Wework, Adam Neumann, is behind a new crypto project called Flowcarbon and on Tuesday, the blockchain project revealed it raised $70 million from a handful of investors and was led by Andreessen Horowitz (A16z). Flowcarbon’s chief executive Dana Gibber says...
3 red flags that signal a crypto project may be misleading investors
20.5.2022
The challenges faced by Terra, Wonderland and a handful of other DeFi projects exposed the need for investors to do more research and avoid cult personalities
Uniswap launches venture capital wing for Web3 investments
12.4.2022
The firm says it has already invested in 11 companies and Web3 protocols such as Aave, MakerDAO, LayerZero, and others, with plans to participate in the governance systems of some projects
Greenidge's Seneca Lake Crypto Project Wins NY Supreme Court Ruling to Continue Operations
8.4.2022
Judge Daniel J. Doyle ruled Greenidge's project "would not impact the air or water of Seneca Lake," in dismissing a stop petition filed by The Sierra Club and the Seneca Lake Guardian
Russia’s Sberbank Denies Involvement in Recently Launched ‘Sbercoin’
6.4.2022
Sberbank, the largest bank in the Russian Federation, has denied connection to a new cryptocurrency called “sbercoin.” The project is offering high returns to buyers of the token, which was launched shortly after Bank of Russia allowed Sberbank to issue digital currencies. Sbercoin...
Vanuatu Prime Minister says yes to Satoshi Island crypto project
25.3.2022
The Vanuatu government announces its support for Satoshi Island Community Project, a private crypto island where fiat isn't invited
Crypto Project Worldcoin to Raise USD 100M at USD 3B Valuation - Report
23.3.2022
Major crypto exchange Coinbase-backed startup Worldcoin is reportedly set to raise USD 100m through the sale of its tokens, valuing the total supply of the tokens at USD 3bn.
The list of investors includes prominent VC firms like Andreessen Horowitz (a16z) and Khosla Ventures, The Information...
Spellfire: Crypto Project Older Than Crypto Starts a ‘10 Days Growth’ Sprint
18.2.2022
Spellfire has packed 30 years of history into an amazing experience and combined it with the latest trends of tomorrow. Defining the future of NFTs and adding new standards to collectible card games has become the core aims of game developers. St. Valentines day has marked an important date in...
Omar Syed and Nischal Shetty of WazirX Reveal a Crypto Project Named Shardeum
3.2.2022
Crypto entrepreneurs Omar Syed and Nischal Shetty recently announced a new platform called Shardeum. Both Nischal and Omar have also worked on WazirX, which holds a major portion of the crypto market in South Asia. Shardeum will be an EVM-compatible sharded network with robust security, complete...
Mark Zuckerberg’s Meta in Talks to Sell Assets in Crypto Project Diem: Report
26.1.2022
Meta, formerly Facebook, is reportedly in talks with investment bankers to sell its assets in the cryptocurrency project Diem, formerly Libra. The diem USD stablecoin was supposed to be issued by Silvergate Bank but it failed to get regulatory approval. Meta Reportedly Seeking Buyers for Diem...
Abandoned TON Crypto Project Could Be Coming to Telegram After All, in a Different Form
20.1.2022
The Russian social media giant Telegram’s once-grand crypto plans may be dead and buried, but developers working on a network based on the abandoned Telegram Open Network (TON) are edging closer to launching their own version of TON.
The TON platform, which was to make use of a coin named...
MUNCH Hits Record-Breaking 1000 ETH Charity Donation Milestone
10.11.2021
PRESS RELEASE. Charity donation project MUNCH announces the ground-breaking milestone of donating over 1000 ETH to various charitable projects, making MUNCH the world’s leading charitable crypto project. MUNCH is a Defi project that incorporates automatic donations into financial...
Jeff Bezos Directs Amazon to Accept Bitcoin and Other Popular Cryptocurrencies: Report
26.7.2021
Amazon is reportedly planning to accept bitcoin by the end of the year, after which the company will roll out support for other major cryptocurrencies. Furthermore, the company is exploring launching its own cryptocurrency. “The directive is coming from the very top … Jeff Bezos...
Mike Novogratz: Institutional Investors Will See Bitcoin’s Price Decline as Opportunity to Buy
24.6.2021
Galaxy Digital CEO Michael Novogratz says he is not nervous about bitcoin’s price falling, even when it falls below $30K. “The ecosystem is so much more mature. The amount of players that are moving in are so much more mature. Every single bank is working on their own crypto...
Facebook’s David Marcus: China’s Bitcoin Mining Crackdown ‘Great Development’ for BTC
22.6.2021
David Marcus, head of Facebook Financial (F2) who is in charge of crypto project Diem, formerly Libra, believes that the Chinese government cracking down on bitcoin mining is “a great development” for the cryptocurrency. Many people in the crypto space agree with him. Facebook’s...
Facebook-Backed Crypto Project Diem Moves to US, Unveils New Launch Plan
13.5.2021
Facebook-backed cryptocurrency project Diem, formerly Libra, is moving from Switzerland to the U.S. In collaboration with Silvergate Bank, the association, which oversees the development of the diem cryptocurrency, has unveiled a new launch plan. Facebook-Backed Stablecoin Has New Launch Plan...
Bittorrent Creator Bram Cohen’s Crypto Project Chia Sparks Hard Drive and SSD Shortages
25.4.2021
On May 3, tokens stemming from the Chia network, a smart transaction blockchain created by the Bittorrent creator Bram Cohen, will start trading and transactions will be fully enabled. Rather than leveraging the proof-of-work consensus algorithm, Chia will utilize a model called proof-of-space...
Blockchain Australia ousts retail merchant crypto project Qoin
24.2.2021
Blockchain Australia has terminated Qoin’s membership of the association amid allegations that the crypto project is a pyramid scheme